The woman remembers the first time she got a smartphone. It was 2011, and she was living in Hotan, an oasis town in Xinjiang, in northwest China. The 30-year-old, Nurjamal Atawula, loved to take pictures of her children and exchange strings of emoji with her husband while he was out. In 2013, Atawula downloaded WeChat, […]
Details of Beijing Reversal Surface – China Said: ‘trust us’ – USTR Lighthizer said: ‘go spit’…
USTR Robert Lighthizer has filed the official notification with the federal register for the increase in Section 301 tariffs from 10% to 25% effective Friday (full pdf below). Additionally Reuters has exclusive details of the collapse in U.S-China trade talks. As most CTH readers are aware, Lighthizer has focused heavily on the enforcement mechanisms within […]
USTR China Tariffs – Federal Register Notification…
Morgan Stanley Downgrades Ratings of China’s Four Largest Banks…
Morgan Stanley reportedly lowered its ratings on some shares of China’s four biggest banks on Tuesday, a move that surprised many industry insiders. It also upgraded the ratings of A shares of Ping An Bank and China Everbright Bank. According to a report from domestic news site 21jingji.com on Tuesday, citing a Morgan Stanley research […]
Chinese Hackers Copy NSA Hacking Software, Use it to Attack U.S. Allies…
A Chinese hacking group considered to be the “most dangerous” by the NSA stole, copied, or reverse engineered the agency’s own hacking software – then use it against American allies and private companies in Europe and Asia during 2016 attacks, according to researchers with Symantec…
Chinese Fund Backed by Hunter Biden Invested in Technology Used to Surveil Muslims…
On Wednesday, Human Rights Watch released a troubling report about a phone application made by the Chinese government. The app provides law enforcement with easy, daily access to data detailing the religious activity, blood type, and even the amount of electricity used by ethnic minority Muslims living in the western province of Xinjiang. The app […]
Markets Re-Plunge as Lighthizer Confirms Tariff-Hikes After China Reneges on Promises…
While a Chinese delegation is still scheduled to visit Washington as planned this week, with talks to take place Thursday and Friday, U.S. Trade Representative Robert Lighthizer told reporters Monday that the Trump administration plans to increase duties on Chinese imports at 12:01 a.m. on Friday, accusing Beijing of backpedaling on commitments it made during […]
Panda Played the Dragon Game – Now Trump Targets the Bamboo Forest…
USTR Lighthizer: “We have seen an erosion of commitments by China” … “in our view unacceptable”…
To say there are conflicting reports of the U.S-China trade discussion, and possible breakdown therein, would be an understatement. However, mining through the various U.S. and China news agencies, a more clear picture emerges. U.S. Trade Representative Robert Lighizer is quoted today: “We felt we were on track to get somewhere. Over the course of […]
MAGAnomics – April Jobs Report: +263,000, Unemployment Rate 3.6%, Wage Growth +3.2%…
The Bureau of Labor Statistics (BLS) releases the April 2019 jobs report and the results are excellent. It’s a home run for MAGAnomics as the trifecta continues: Job gains +263,000, Wage growth +3.2%, Inflation low at 1.4%. With a gain of 263,000 new jobs in April, the overall unemployment rate dropped to 3.6%. There are […]
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